Seneca achieves multi-million pound exit for investors
A specialist SME investment and advisory service has exited a York business with a 5.2-times return to investors.
Seneca Partners provided a cornerstone growth capital investment to support the Gear4music independent public offering in June 2015.
Since investment, the company has experienced significant growth.
York-headquartered Gear4music – the largest UK based online retailer of musical instruments and equipment – expanded, both in the UK and overseas, particularly across Europe and Scandinavia.
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